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▲ 23 r/HighTideInc

5th AMA with Raj Grover on 15th July , This is the post for Questions

https://preview.redd.it/tbf4ogbicnah1.png?width=739&format=png&auto=webp&s=eb869e2fa207fc21dee0711257da698fdc2b121c

The High Tide Inc subreddit is happy to announce that Raj Grover will be having an AMA with the sub once again for the 5th time!

To mark the milestone and mention that all users who comment on the AMA will be in a random prize draw for a prize

Thanks to Raj for his ongoing commitment and transparency; every question is welcome.

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u/WilliamBlack97AI — 5 days ago
▲ 13 r/HighTideInc

Member + ELITE growth decelerating & Same Store Sales Growth flat / negative

https://preview.redd.it/p5um1tet819h1.png?width=494&format=png&auto=webp&s=9ca9d26759aa14bee56862961a5ec656cc11a21c

It seems like the golden days of organic growth in retail may be officially over (for now). With 100% of retail revenue growth coming from new stores and M&A, should we conclude that the brand is losing momentum? Or does the decline come down to pricing pressure? Raj mentioned in the call that other retail chains are seeing the same, or worse declines. Obviously Rome wasn't built in a day, but something to keep an eye on.

Also, take a look at Membership and ELITE subscription. Looks like they are having a much harder time converting people to ELITE this year, and standard membership has decelerated significantly as well.

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u/the_mammynun — 13 days ago